Tanfac Industries Launches Expanded Production Capacity for Hydrofluoric Acid
- 08-Oct-2024 2:40 PM
- Journalist: Peter Schmidt
Tanfac Industries has announced that it has officially completed the commissioning of the expanded capacity at its hydrofluoric acid manufacturing facility as of October 7, 2024. This significant milestone follows the company’s announcement in February of the prior year, in which it outlined plans to boost the production capacity of hydrofluoric (HF) acid at the existing site from 14,850 metric tons to 29,700 metric tons. The expansion project was scheduled to be carried out over a timeframe of 15 to 18 months and was designed to address the growing market demand for hydrofluoric acid.
In a regulatory filing submitted before market hours today, Tanfac Industries announced the successful completion of its expansion project, confirming that the increased production capacity was officially commissioned on October 7, 2024. K. Sendhil Naathan, the managing director of Tanfac Industries, expressed enthusiasm about the achievement, stating that the project was completed at an investment of approximately Rs 100 crore. He highlighted the commissioning of the new, state-of-the-art hydrofluoric (HF) acid plant, which was developed as part of the planned expansion. This advancement not only enhances the company's production capabilities but also reinforces its commitment to meeting the growing demand for hydrofluoric acid in various industrial applications.
With this development, Tanfac's facility has established itself as one of the largest hydrofluoric (HF) acid plants in India. In accordance with previous announcements, the company plans to utilize the majority of the HF produced to manufacture high-end specialty fluoride molecules within its group of companies. This strategic focus on producing specialized chemical products aims to enhance Tanfac's market position and cater to specific industrial needs. The expansion is expected to support the company's ongoing growth trajectory, enabling it to meet increasing demand while also reinforcing its commitment to innovation and quality in chemical manufacturing. This move not only boosts production capacity but also positions Tanfac to capitalize on emerging opportunities in the specialty chemicals sector.
Tanfac Industries Limited (TIL) operates as a joint venture (JV) between the Tamil Nadu Industrial Development Corporation (TIDCO) and Anupam Rasayan India Limited (ARIL), with management control resting with ARIL. The company primarily focuses on the production of hydrofluoric acid (HF) and aluminum fluoride (ALF), which are essential chemicals in various industrial applications. In addition to these core products, TIL also manufactures sulfuric acid, further diversifying its chemical portfolio. Moreover, Tanfac Industries specializes in the production of various specialty fluorides, which are supplied to a wide range of customers across different sectors. This broad product offering not only enhances Tanfac's market presence but also allows the company to cater to the specific needs of its clientele, reinforcing its position in the competitive chemical industry.